Chubb - Philadelphia, PA
posted 2 months ago
The Senior Product Analyst for Small Business at Chubb will report directly to the Assistant Vice President of BOP and Umbrella. This role is pivotal in overseeing product maintenance, development, and management efforts aimed at achieving both top and bottom-line goals for the Small Business Umbrella and BOP Lines. The successful candidate will collaborate closely with the AVP of BOP and Umbrella to drive product line initiatives across various departments, including Underwriting, Regulatory, Marketing, Claims, Actuarial, IT, Government Affairs, and Legal. In this position, the analyst will engage in ongoing product management, which entails conducting in-depth analyses to formulate data-driven business recommendations for product, rule, rate, or underwriting changes for both new and existing products. The role requires collaboration on new initiatives and strategies with key stakeholders to influence positive change within the organization. Regular product maintenance is also a critical responsibility, which includes managing regulatory changes, enhancing underwriting rules, updating loss costs, and implementing ISO circular updates. Additionally, the Senior Product Analyst will drive product development efforts, focusing on coverage enhancements, segment expansions, and improvements to Chubb's online strategic quoting platform for Small Business. The analyst will work closely with Underwriting, Actuary, and Portfolio Management to provide insights on state rate selections based on rate indications and product performance. Active collaboration with stakeholders from claims, marketing, training, and customer experience will be essential for identifying, developing, and implementing new product initiatives and opportunities. The role also involves identifying and executing process improvement strategies to meet financial objectives.